Bitcoin Will Go To $85,000 Before a Dip but the Real Story Is Its Role in the AI Economy, Expert Argues
Bitcoin
Bitcoin (CRYPTO: BTC) added about 20% in market capitalization in a week, yet a prominent expert argues its investment case goes far beyond a reflexive short squeeze. Speaking with Scott Melker in a podcast on Sunday, Abra CEO Bill Barhydt pointed to U.S. Treasury efforts to support the long end of the bond market, a weaker dollar and a changing yield curve as signs that financial conditions are becoming more supportive of risk assets.
BTC
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